Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VANDELANOTTE from Kortrijk, company number BE0876286023, closed financial year 2025 with a result of € 4.8 million after tax. For that financial year VANDELANOTTE recorded revenue of € 55.6 million and equity of € 8.5 million. Compared with financial year 2024, the result moved from € 6 million to € 4.8 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 23, 2026.
€ 8.5 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.8 million
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 72,946
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.9 million paid out
61 % of the profit went to the shareholders, mostly to Vandelanotte ++ (99 % of the shares). That is where the money ends up.
People and assets in 2025
291
▲ 18.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 19.4 million
▲ 9% vs 2024
€ 66,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 10.1 million
▲ 270% vs 2024
€ 3.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.4 million
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 3.5 million
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 36,816,137 | € 43,730,082 | € 49,036,810 | € 55,554,783 | ▲ 13% |
| Profit after taxes | € 3,664,309 | € 4,178,409 | € 6,040,848 | € 4,808,502 | ▼ 20% |
| Equity | € 4,878,144 | € 5,794,928 | € 7,343,552 | € 8,474,691 | ▲ 15% |
| Total debts | € 16,569,866 | € 17,762,228 | € 16,230,266 | € 24,055,219 | ▲ 48% |
| Cash | € 1,722,067 | € 572,235 | € 220,146 | € 72,946 | ▼ 67% |
| Retained profit | € 1,411,998 | € 2,328,782 | € 3,877,406 | € 5,007,545 | ▲ 29% |
| Dividend | € 1,934,998 | € 1,278,796 | € 2,522,080 | € 2,917,421 | ▲ 16% |
| Bank debt | € 2,134,074 | € 1,890,908 | € 2,724,049 | € 10,089,840 | ▲ 270% |
| Balance sheet total | € 21,556,011 | € 23,617,156 | € 23,633,818 | € 32,589,911 | ▲ 38% |
| Employees (FTE) | 231 | 257.8 | 272.4 | 291 | ▲ 18.6 |
Key figures of VANDELANOTTE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VANDELANOTTE?
What happened at VANDELANOTTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Van Hauwe Accountancy BV stepped down as director. NBB
- Veracity4Business BV stepped down as director. NBB
- Valurus BV stepped down as director. NBB
- VDL 2 VOF stepped down as director. NBB
- VDL 1 VOF stepped down as director. NBB
- New establishment in Geel. KBO
- New establishment in Brecht. KBO
- New annual accounts for financial year 2025: profit of € 4.8 million (▼ 20% vs 2024). Source: NBB ↗
In short
From € 3.7 million profit in 2022 to € 4.8 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2024, with € 6 million profit.
Paid out € 8.7 million in dividends to the owners in total.
A new publication or filing at VANDELANOTTE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Vandelanotte ++, Valurus comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VANDELANOTTEThe shares are held by Vandelanotte ++ (99.2%) and Valurus (50.1%). It owns 100% of Cogitax, 100% of Accountancy 4 Foreigners, 100% of Lindra, 100% of Crowe Spark Accountants en Belastingadviseurs, 100% of IntroNext and 100% of Desk 21 itself.
Directors
According to the 2025 annual accounts
Director · represented by Ken Van Hauwe
since 2025 · until 2029
Director · represented by Philip Callens
Also active at: Callens, Vandelanotte & Theunissen, CALLENS VANDELANOTTE, Vandelanotte ++
since 2024 · until 2029
Managing director · represented by Nikolas Vandelanotte
Also active at: FIDUCIAIRE OMEZ, A&B - Vandelanotte, VANDELANOTTE ++, CALLENS VANDELANOTTE, Digital BallistiX, Horcli Invest, myVandelanotte.be, Vandelanotte ++
since 2023 · until 2029
Director · represented by Carl Van Biervliet
Also active at: Callens, Vandelanotte & Theunissen, CALLENS VANDELANOTTE, Crowe Spark Accountants en Belastingadviseurs, Vandelanotte ++
since 2025 · until 2029
Managing director · represented by Iris De Groote
Also active at: DESK 21, A&B - Vandelanotte, Crowe Spark Accountants en Belastingadviseurs, FISKOBELAC HOLDING, Fiskobelac, Lindra, Accountancy 4 Foreigners, myVandelanotte.be +2 more
since 2025 · until 2029
Shareholders
99.2%
50.1%
Participations
100%
100%
100%
100%
Vandelanotte EX ++
99%
50%
50%
20%
20%
Establishments
Establishment units
Physical locations of this company
President Kennedypark(Kor) 1A
8500 Kortrijk
Torhoutse Steenweg 250
8200 Brugge
Active since 27 September 2005
President Kennedypark(Kor) 1 box A
8500 Kortrijk
Active since 1 October 2005
Grotesteenweg 214 box 9
2600 Antwerpen
Active since 1 February 2008
Guldensporenpark 67 box Blok G
9820 Merelbeke-Melle
Active since 1 January 2007
Esplanade 1 box 85
1020 Brussel
Active since 1 April 2008
Avenue de Maire(TOU) 111 box 3
7500 Tournai
Active since 1 January 2009
Nachtegaalstraat 8 box w5
9240 Zele
Active since 31 May 2012
Gentse steenweg 55
9300 Aalst
Active since 13 July 2016
Avenue de Finlande 4
1420 Braine-l'Alleud
Active since 1 December 2022
Gemeenteplaats 31
2960 Brecht
Active since 1 April 2026
Wampenberg 67
2370 Arendonk
Active since 1 January 2025
Steenweg op Mol 62
2300 Turnhout
Active since 1 November 2024
Lammerdries 18
2440 Geel
Active since 10 September 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0876.286.023
- VAT number
- BE 0876.286.023
- Registered office
- President Kennedypark(Kor) 1A, 8500 Kortrijk
- Names & denominations
- VANDELANOTTE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2005
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Accountants
Arbeidsbemiddeling
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Belastingconsulenten